Global Ceramic Armor Market 2018-2022
- Published: Sep 2018
- Pages: 98
- SKU: IRTNTR23846
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Technavio’s market research analysts have predicted that the ceramic armor market will register a CAGR of more than 6% by 2022. This industry research report presents a detailed analysis of the ceramic armor market by application such as defense armor, body armor, and others. The report also presents an analysis of the market’s growth across various geographic regions such as the Americas, APAC, and EMEA.
Global Ceramic Armor Industry Overview
Globally, there has been a significant increase in defense budgets. Developing countries such as China and India have increased their defense budgets in recent years. While China increased its defense budget from US$151.4 billion in 2017 to US$175 billion in 2018 for national security, India increased its defense budget from $51.1 billion in 2016 to $52.5 billion in 2017 for advances in military and defense systems. The defense sector accounts for a significant share of the global ceramic armor market. The numerous applications in defense and special security vehicles will contribute considerably to the growth of the ceramic armor market. Hence, the increasing investments by India and China in defense applications will fuel the ceramic armor market growth through the forecast period.
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Top ceramic armor companies covered in this industry research report
The ceramic armor market is fragmented as it features a number of specialized companies. Increasing threats from terrorist groups is keeping the manufacturers in this market competitive. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the top ceramic armor companies, this industry analysis report will help prospective clients identify new growth opportunities and design new growth strategies.
This report offers a complete analysis of ceramic armor manufacturers including:
- II-VI M Cubed
Ceramic armor market growth based on geographic regions:
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute to the maximum share of this ceramic armor market through the predicted period. Growth in this region can be attributed to the increasing investments in defense applications.
Ceramic armor market growth based on application:
- Defense armor
- Body armor
According to our market research experts, the defense armor segment will account for the maximum growth of the market. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the ceramic armor market size.
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Key highlights of the global ceramic armor market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the ceramic armor market during the next five years
- Precise estimation of the global ceramic armor market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the ceramic armor industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of ceramic armor manufacturers
What’s your takeaway?
This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global ceramic armor market and its stakeholders over the forecast years.
The market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the ceramic armor market size till 2022. To know more about markets that will influence the growth of the ceramic armor market over the coming years, CLICK HERE.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Defense armor – Market size and forecast 2017-2022
- Body armor – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by application
PART 08: MARKET SEGMENTATION BY MATERIAL
- Segmentation by material
- Customer landscape
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Increasing threats from terrorist groups
- Increasing use of thermal ceramics to withstand high temperatures
- Increased expenditure on R&D for developing environment-friendly products
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- II-VI M Cubed
PART 15: APPENDIX
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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